Kirklands Stock Market Value
| KIRK Stock | USD 1.79 0.04 2.29% |
| Symbol | Kirklands |
Kirklands Price To Book Ratio
Is Homefurnishing Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kirklands. If investors know Kirklands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kirklands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share (1.49) | Revenue Per Share 35.488 | Quarterly Revenue Growth (0.04) | Return On Assets (0.04) |
The market value of Kirklands is measured differently than its book value, which is the value of Kirklands that is recorded on the company's balance sheet. Investors also form their own opinion of Kirklands' value that differs from its market value or its book value, called intrinsic value, which is Kirklands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kirklands' market value can be influenced by many factors that don't directly affect Kirklands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kirklands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kirklands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kirklands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Kirklands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Kirklands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Kirklands.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kirklands on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kirklands or generate 0.0% return on investment in Kirklands over 180 days. Kirklands is related to or competes with Purple Innovation, Mohawk Industries, La Z, Leggett Platt, Bassett Furniture, Ethan Allen, and Natuzzi SpA. Kirklands, Inc. operates as a specialty retailer of home furnishings dcor in the United States More
Kirklands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Kirklands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Kirklands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.0238 | |||
| Maximum Drawdown | 22.39 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 6.06 |
Kirklands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kirklands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kirklands' standard deviation. In reality, there are many statistical measures that can use Kirklands historical prices to predict the future Kirklands' volatility.| Risk Adjusted Performance | 0.0507 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | 0.1286 |
Kirklands Backtested Returns
Kirklands appears to be very risky, given 3 months investment horizon. Kirklands has Sharpe Ratio of 0.0809, which conveys that the firm had a 0.0809% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kirklands, which you can use to evaluate the volatility of the firm. Please exercise Kirklands' Downside Deviation of 3.63, risk adjusted performance of 0.0507, and Mean Deviation of 3.15 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kirklands holds a performance score of 6. The company secures a Beta (Market Risk) of 1.79, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kirklands will likely underperform. Please check Kirklands' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Kirklands' current price movements will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Kirklands has very weak reverse predictability. Overlapping area represents the amount of predictability between Kirklands time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kirklands price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Kirklands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Kirklands lagged returns against current returns
Autocorrelation, which is Kirklands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Kirklands' stock expected returns. We can calculate the autocorrelation of Kirklands returns to help us make a trade decision. For example, suppose you find that Kirklands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Kirklands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Kirklands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kirklands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kirklands stock over time.
Current vs Lagged Prices |
| Timeline |
Kirklands Lagged Returns
When evaluating Kirklands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kirklands stock have on its future price. Kirklands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Kirklands autocorrelation shows the relationship between Kirklands stock current value and its past values and can show if there is a momentum factor associated with investing in Kirklands.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Kirklands Correlation, Kirklands Volatility and Kirklands Alpha and Beta module to complement your research on Kirklands. For more information on how to buy Kirklands Stock please use our How to buy in Kirklands Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Kirklands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.